The marked price of a windbreaker was $298. After a 25% discount, the shopkeeper still makes a $36 profit.
- What is the cost price of the windbreaker?
- What is the profit in percentage?
(a)
Percentage of the price of the windbreaker after 25% discount
= 100% - 25%
= 75%
Price of the windbreaker at 25% discount
= 75% x 298
=
75100 x 298
= $223.50
Cost price of the windbreaker
= 223.50 - 36
= $187.50
(b)
Profit in percentage
=
36187.50 x 100%
= 19.2%
Answer(s): (a) $187.50; (b) 19.2%